Kaieteur News

• Govt. will seek expert advice on financing of future Exxon projects

  …as country pays off company for 7 projects, now enjoying triple profits By Davina Bagot (Kaieteur News) – President Irfaan Ali on Tuesday announced plans for the government of Guyana (GoG) to seek expert advice on the financing of new projects in the Stabroek Block, now that the country has repaid ExxonMobil for seven deepwater developments […]

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• Canadian firm secures option to acquire 15,000 acres gold property in Reg. 1 from Russian company

  (Kaieteur News) – Days after Canada-based mining company XAU Resources Inc. announced that it is evaluating additional acquisition opportunities in Guyana, the company has secured the  option to acquire a 100% interest in the Matthews Ridge gold property in Region One (Barima-Waini), which spans more than 15,000 acres. In an August 20 update, XAU Resources Inc. […]

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• GPL cracks down on illegal power connections in Sophia

  (Kaieteur News) – The Guyana Power and Light Inc. (GPL) has stepped up its fight against electricity theft, conducting an enforcement exercise in a section of Sophia on Thursday to identify and remove illegal connections from the national power network. GPL warned that electricity theft is a criminal offence and said anyone found illegally tapping into […]

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